A comprehensive list of recently added postings on Dallasfed.org.
Eleventh District Beige Book
The Eleventh District economy continued to expand modestly. Manufacturing output was flat while revenue in the service and retail sectors grew. Energy reports were mixed with oilfield activity steady, but declines seen on the natural gas side.
May 31, 2023
Texas service sector growth holds steady in May; price and wage pressures ease
Growth in Texas service sector activity continued in May, according to business executives responding to the Texas Service Sector Outlook Survey.
May 31, 2023
Dallas-Fort Worth Economic Indicators, May 2023
The Dallas–Fort Worth economy expanded modestly in March. Job growth slowed, and unemployment ticked up. Activity in the office market stayed weak, while demand for industrial space remained solid.
May 30, 2023
The connection between banking and sovereign debt crises
Dallas Fed economist Sewon Hur examines how sovereign debt crises can amplify banking problems.
May 30, 2023
PCE inflation update
The headline, or all-items, PCE price index rose an annualized 4.5 percent in April after increasing an annualized 1.2 percent in March.
May 26, 2023
El Paso Economic Indicators, May 26, 2023
El Paso’s economy experienced strong growth in April. Payrolls expanded across most sectors, the business-cycle index edged up, and unemployment fell.
May 26, 2023
Money Matters: Broad Divisia Money and the Recovery of Nominal GDP from the COVID-19 Recession
The rise of inflation in 2021 and 2022 surprised many macroeconomists who ignored the earlier surge in money growth because past instability in the demand for simple-sum monetary aggregates had made these aggregates unreliable indicators. This paper finds that the demand for more theoretically-based Divisia aggregates can be modeled and that their growth rates provide useful information for future nominal GDP growth.
May 25, 2023
San Antonio Economic Indicators, May 2023
The San Antonio economy expanded in April, as nearly all sectors experienced growth, wages continued to rise, and unemployment declined slightly.
May 25, 2023
Energy Indicators, April 26
In a surprise move at the beginning of the month, the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a voluntary reduction in production quotas of nearly 1.7 million barrels per day (mb/d).
May 25, 2023
Texas Economic Indicators, May 2023
Texas’ economy expanded further in April. Employment gains accelerated in some sectors, while job openings moderated but remained elevated.
May 25, 2023